International
Volkswagen Confronts Giant UK Emissions Class Action Lawsuit
Volkswagen AG is facing one of the largest-ever U.K. class action lawsuits, with almost 100,000 vehicle owners accusing it of misleading them by installing emissions-cheating software that made it ...
China’s Ping An Insurance Plans $500M U.S. IPO for OneConnect Arm
Ping An Insurance's OneConnect Financial Technology plans to launch a U.S. initial public offering (IPO) for about $500 million on Tuesday, people with knowledge of the matter said, reducing both its ...
Zurich CEO Greco Reportedly Knocks Cross-Border Mergers
The European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, the head of Europe's fifth-biggest insurer Zurich said in a newspaper interview on ...
Executives On The Move at Everest Insurance and AmTrust Financial Services
Everest Insurance added four new executives to its Financial Lines Team as part of a broader expansion of the line. AmTrust Financial Services appointed a new Head of Litigation. *** Everest ...
Argo Activist Shareholder Voce Seeks Special Meeting to Elect New Board Members
Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This time, Voce is calling for a special meeting of Argo shareholders ...
U.S. Prosecutors to Pursue Criminal Probe of 6 Pharma Companies Over Opioid Shipments
Federal prosecutors are investigating six pharmaceutical companies for potential criminal charges in connection with shipping big quantities of opioid painkillers that contributed to a healthcare ...
Appeals Court Upholds $70M Verdict Against J&J Over Risperdal Side Effects
A Pennsylvania appeals court upheld a $70 million verdict against Johnson & Johnson in a lawsuit charging its Risperdal anti-psychotic drug caused a man to grow female breasts and also ruled that ...
MiddleGame Ventures Raises $165.4M for InsurTech, Other Startup Investments
MiddleGame Ventures, an InsurTech and fintech-focused venture firm, has raised a new $165.4 million fund that will target investments in Europe and North America. The Luxembourg-based operation has ...